submerged trials deep sea mining

Nautilus Minerals Commence PNG Submerged Trials

At the recent Annual General Meeting of Nautilus Minerals Inc., Chairman Russell Debney, announced to gathered shareholders in Toronto that submerged trials for their completed Seafloor Production Tools (SPTs) had begun in Papua New Guinea (PNG).  This announcement came shortly after news that the Nautilus Launch and Recovery System (LARS) had arrived at the Mawei […]

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financial regulations

The Rising Profile of ISA Financial Regulations

The development of Financial Regulations to address the benefit sharing aspects of the Mining Code has recently moved to the forefront of ISA business.  Per International Seabed Authority (ISA) Assembly agreement, the whole of the Mining Code cannot go into force without a financial regime in place.  In short, this means mining operations cannot begin […]

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